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The Folded Flag Foundation (“Folded Flag”) is a national 501(c)(3) organization that provides educational scholarships and grants to the spouses and children of U.S. military and government personnel who died as a result of hostile action or in an accident related to combat or stateside operations.

Operations Folded Flag was founded in 2014 by Bill Foley, renowned businessman and owner of National Hockey League (NHL) franchise the Vegas Golden Knights and Foley Family Wines. Foley has strong ties to the military as he graduated from West Point in 1967 before transferring into the U.S. Air Force, where as an officer he negotiated million-dollar defense contracts with Boeing. Foley established The Folded Flag Foundation to help supplement the current death benefits paid to the families of fallen service members. Foley previously stated in the launch press release, “The brave men and women who defend our country put their lives on the line every day. And when those men and women pay the ultimate price – by sacrificing their lives to keep us free – the family members they leave behind often struggle to afford the school or college of their choice. The Folded Flag Foundation will help by offering educational grants and scholarships to families of our fallen heroes, so that the education of their spouses and children can be a legacy worthy of their heroic sacrifice.” Folded Flag relies on donations from corporations and public contributions to provide scholarships to the spouses and children of fallen service members. The foundation’s underwriting sponsors – Black Knight Inc., FNF, FIS and ServiceLink – cover all administrative and fundraising costs, meaning 100 percent of public donations go to providing these scholarships. The non-profit was originally headquartered in Jacksonville, Fla. before moving to Las Vegas in 2017.

Services Scholarships are awarded each year to qualifying spouses (any age) or children (0-26) and help to cover a wide range of expenses for K-12, college/trade school or post-grad. The scholarship application period opens each March and runs through May 15, with scholarships awarded in time for the following fall semester. In the Foundation’s five years of operation, they have awarded over $6 million to more than 400 individuals from across the nation.

External Links

Official Website

Testimonials

Guidestar

Combined Federal Campaign